Giant Yellowknife, a long-term bet
For investors on the lookout for a long-term bet with above average potential, Merrill Lynch mining analyst Robert Cook is recommending Giant Yellowknife Mines. One of Canada’s “major league” gold pro…
News
SUPPLIERS’ NOTES Drillco Industrial Canada
Drillco Industrial Canada, a manufacturer of rotary drilling tools, has pruchased the Canadian division from the U.S.-based parent company. Dic has retained its previous clients and conducts business …
50 Years Ago AUGUST, 1937 HIGH GRADE SHOW AT SACHIGO RIVER
The last word to The Northern Miner from the Sachigo River Exploration propert y is that drifting on the second level has gone 110 ft, running 2.64 oz, across an average width of two feet. The ore is …
SUPPLIERS’ NOTES VIBCO Inc.
A new 44-page catalogue for people interested in industrial vibrator usage is available from VIBCO Inc. of Wyoming, R.I. The catalogue is designed to help the customer select the proper vibrator for h…
THE EDITORIAL PAGE A gold producer’s Mecca
With minimum wages standing at $36(US) per month and some of the most lucrative operating conditions anywhere, it is perhaps surprising to learn that only two Canadian juniors are conducting operation…
Metal Prices PRODUCER PRICES (August 03, 1987)
ALUMINUM: MW U.S. Market 73.50 cents -76.00 cents per lb. (July 16, 1987). ANTIMONY: New York dealer $1.07-$1.12 per lb. (July 16, 1987). BISMUTH: New York dealer $3.25-$3.40 per lb. (June 25, 1987). …
Canasil starts exploration work at Toodoggone
A phase one exploration program has begun on Canasil Resources’ Toodoggone area property north of Smithers, B.C. Work will include the evaluation of a breccia zone where anomalous gold and silver valu…
Hope Brook entering production
On the remote southwest coast of Newfoundland, where the caribou outnumber the people, a gold mining crew is feeling triumphant. Its year-long struggle with the elements is starting to pay off. The he…
SUPPLIERS’ NOTES DUX & JCI Inc.
Dux Machinery of Repentigny, Que., and John Clark Inc. of Denver. Colo., have me rged their new machinery businesses. The new company is called DUX & JCI Inc. an d is committed to the underground min…
Strong platinum values assayed by Equinox
What probably represents one of the least promoted platinum group metal discoveries in the country has yielded some impressive results. Equinox Resources and Technigen Corp. have completed an extensi…
Kidd exercises Chance option
Kidd Creek Mines has exercised an option to acquire a 100% interest in claims held by Chance Mining and Exploration located north of Timmins, Ont. Situated in Kidd Twp., the property is located west o…
CROSS-CUTS Gold quiz answers
Apparently quite a few readers were stumped by our gold trivia quiz in the June issue. We’ve been flooded with calls, letters and teletype message s asking f or the answers. For those who may have mis…